22173-22177 Viking Way NW - Auto Repair FOR SALE
Poulsbo, WA 98370 |
$2,000,000 USD
512-201-1707
22173-22177 Viking Way NW
Poulsbo, WA 98370
HIGHLIGHTS
- With 52 Locations (and Growing) & an Estimated Annual Revenue of $160M+; Puget Collision Has Emerged as One of the Fastest Growing Collision Operators
- This Lease Has Fixed Annual Increases of 3% Through the Base Term of the Lease and a "Fair Market Value" Rent Adjustment at Each Option
- With Over 8 Years of Lease Term Remaining, This Opportunity Provides a Hands-Free Long-Term Investment For Investors
- Situated on 2.06 AC of Industrial Zoned Land, the City of Poulsbo Has Tight Zoning Restrictions on Industrial Use
- This Property Sits Directly Off of State Highway 3 Which Sees 24,465 Vehicles Per Day and is Only .27 Miles From the State Highway 305 Interchange
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the Single Tenant Puget Collision Asset Located in Poulsbo, WA (Seattle MSA). This is a Rare Opportunity to Acquire a Longterm Hands Free NNN Industrial Assets With 3% Annual Increases Located Just Outside of Seattle, WA.
BoR: Marianne Christian - Lic. WA #12244
FOR SALE DETAILS
PRICE
$2,000,000 USD
PRICE/SF
$272 USD /SF
CAP RATE
5.82%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Fix Auto (Puget Collision) - Poulsbo, WA
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Repair
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1991
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
3.06 AC
LAND SF
133,294 SF
ZONING
CITY
APN/PARCEL ID
102601-1-010-2009
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512-201-1707
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512-201-1707
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